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Major League baseball: what really puts fans in the stands?

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CONTRIBUTORS:
  Author Kochman, L. M.
JOURNAL:
  Sport Marketing Quarterly [SMQ], 4(1), 9 - 11.
YEAR: 1995
PUB TYPE: Journal Article
SUBJECT(S): Major-league; baseball; economics; attendance; marketing
DISCIPLINE: Recreation, Sports & Leisure Studies
HTTP: https://secure.sportquest.com/su.cfm?articleno=373389&title=373389
LANGUAGE: English
PUB ID: 103-337-729 (Last edited on 2002/02/27 18:43:51 US/Mountain)
SPONSOR(S):
 
ABSTRACT:
Attendance at Major League Baseball games has long been thought to be a function of the uncertainty of a game's outcome. Optimal uncertainty and, in turn, maximal attendance are said to occur when there is a 60 percent chance that the home team will win. This study reexamined the data used by past researchers and found that the betting odds associated with a 60 percent probability of winning (7-8) are more consistent with outcome certainty than with the accepted conclusion of outcome uncertainty. One explanation for the counterintuitive finding may be that it simply costs too much to attend a MLB game today to take the chance of witnessing a losing effort.
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